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Mar 16, 2013
03/13
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-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn nearly $150 million for the state in nevada. regardless of whether not you think the taxes are good or bad public policy, there is no denying that device is generating an enormous amount of what government seems to like most, revenue. the nra proposal to keep our kids safe in school is still the best solution. the "a-team" on where are the other leaders. the billionaire mayor wants to ban guns. styrofoam cups, smoking. but he won't ban pot holes and poverty. why not? damaging testimony today in the case of two ohio
-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn...
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Mar 13, 2013
03/13
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simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably raise the income tax burden on individuals making under $200,000 a year. this budget proposal which provides even bigger tax cuts to millionaires will raise the tax burden on middle income families by an average of $2,000. at the same time, same time it does not close one single special interest tax loophole for the purpose of reducing the deficit. not one dime from ending special breaks for corporate jets, big oil companies, or hedge fund managers to help us reduce the deficit. while providing this windfall to the very healthy, this proposal guts vital investments that are essential to shared pro
simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably...
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Mar 15, 2013
03/13
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have proposed significant cuts to entitlements, something democrats oppose, and democrats want new tax revenue, a deal breaker for republicans. republican leader mitch mcconnell put responsibility back on the president. >> his job is to deliver the members of his party. >> reporter: for now lawmakers appear no closer to a deal but they are more optimistic about the possibility of compromise. today president obama is taking a break from budget talks and traveling to illinois. he'll be focusing on another of his big priorities, alternative energy. richard? >> putting those walking shoes on the side after a very busy couple of days for the president. thank you, danielle. >>> a fiery exchange between dianne feinstein and texas's senator, ted cruz. during a senate judiciary committee on banning assault-style weapons, cruz who opposes any weapons ban, questioned the constitutionality of the bill. a sharp clash resulted between feinstein and the tea party freshman. >> namely, would she consider it constitutional for congress to specify that the first amendment shall apply only to the followin
have proposed significant cuts to entitlements, something democrats oppose, and democrats want new tax revenue, a deal breaker for republicans. republican leader mitch mcconnell put responsibility back on the president. >> his job is to deliver the members of his party. >> reporter: for now lawmakers appear no closer to a deal but they are more optimistic about the possibility of compromise. today president obama is taking a break from budget talks and traveling to illinois. he'll...
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Mar 14, 2013
03/13
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tax reform. he said he believed there was a lot of agreement republicans and democrats on corporate tax reform, on broadening the base and lowering the rates so the committee competitive and on remaining net -- all remaining revenue neutral. all that was encouraging. those principles have wide agreement. if we lower our rates, our country has the highest corporate tax rate of any developed country. over $1 trillion in capital from u.s. corporations car overseas. we need to be net capital back to get people back to work. i was encouraged by his willingness to work in a bipartisan way to get that done. on the second issue of regulatory reform, reducing the burden is the regulations on job creation and economic growth, he expressed a willingness to work together with republicans to focus on cost-benefit analysis and to target existing regulations that impose greater cost than the benefits. he suggested the creation of a task force in the senate to look at regulatory burdens and to come up with the p
tax reform. he said he believed there was a lot of agreement republicans and democrats on corporate tax reform, on broadening the base and lowering the rates so the committee competitive and on remaining net -- all remaining revenue neutral. all that was encouraging. those principles have wide agreement. if we lower our rates, our country has the highest corporate tax rate of any developed country. over $1 trillion in capital from u.s. corporations car overseas. we need to be net capital back...
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Mar 16, 2013
03/13
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job killingur michigan business tax, replacing it with a simple, fair, efficient corporate tax while we rolled back the income tax rates for hard-working michigan families. as chair of the house education committee, we are hard at work reforming our education system by giving parents and no student opportuny in challenging the status quo. thently, michigan became 24th right to work state in the country. [applause]if we can do it in michigan, if we can do it in michigan, the birthplace of the union, we can do it anywhere. let me tell you what we're doing. personal income is rising. unemployment has declined. we have the second-highest economic growth rate in the country. we are the third best in high tech job growth. these results are real. while we have watched our largest cities struggle under decades of failed liberal policies. -- policies, we are optimistic about the future of michigan and of detroit. [applause]conservatism and common sense were the silver bullets. jennifer granholm just couldn't get -- bullets jennifer granholm just couldn't get. heededatives in michigan the call
job killingur michigan business tax, replacing it with a simple, fair, efficient corporate tax while we rolled back the income tax rates for hard-working michigan families. as chair of the house education committee, we are hard at work reforming our education system by giving parents and no student opportuny in challenging the status quo. thently, michigan became 24th right to work state in the country. [applause]if we can do it in michigan, if we can do it in michigan, the birthplace of the...
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Mar 13, 2013
03/13
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FBC
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, taxes, taxes, texas. you have been looking at some of the numbers r the president, doesn't look so good for him right now. >> that is pretty evidently why. we have seen disapproval up, people generally side with republicans on how much spending there ought to be, they will make a sudden break, very urgent and sudden break away from the prior tactic which said he was ing to drag the g.o.p. through the fiscal fights over the next 18 months and go through victory in 2014 and win back the hse for democrats, so the president is at least engaged in an operational pause so you can quiet the criticism. >> that is because the last two weeks have not gone well for the president. using all these scare tactics. the american people look at all the waste in the budget and say wait a minute, have to cut the parks rather than get rid of the conferences for wine tasting and things like that. i'm great to see the polls are reflecting that. gerri: i was interested in what paul ryan had to say about his budget. he wrote the
, taxes, taxes, texas. you have been looking at some of the numbers r the president, doesn't look so good for him right now. >> that is pretty evidently why. we have seen disapproval up, people generally side with republicans on how much spending there ought to be, they will make a sudden break, very urgent and sudden break away from the prior tactic which said he was ing to drag the g.o.p. through the fiscal fights over the next 18 months and go through victory in 2014 and win back the...
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Mar 15, 2013
03/13
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the president a tax hike. i want to mention this politico had done from this morning. guest: republicans have seized the moment. democrats seem to be planning cliff during the fiscal tops. bell americans say, democrats, you have your tax increases, let's focus on spending cuts. republicans seem to be manning them that message -- managing that message well right now. host: our guest is damian paletta this morning. theou are listening on radio, here are the phone lines. 3881.licans, 202-585- democrats, 202-585-3880. $975 billion in targeted cuts with regard to health care, military, other programs. it also raises $975 billion in new revenues from closing " -- closing tax loopholes. $100 billion in stimulus spending focusing on job training and infrastructure. house republican plan has $1.80 trillion in savings from the repeal of the health care law. it leaves $1 trillion in automatic cuts as a result of sequestration. it includes $962 billion in cuts from agriculture subsidies and food stamps, reduces money for
the president a tax hike. i want to mention this politico had done from this morning. guest: republicans have seized the moment. democrats seem to be planning cliff during the fiscal tops. bell americans say, democrats, you have your tax increases, let's focus on spending cuts. republicans seem to be manning them that message -- managing that message well right now. host: our guest is damian paletta this morning. theou are listening on radio, here are the phone lines. 3881.licans, 202-585-...
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Mar 13, 2013
03/13
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melissa: part of your plan calls for tax reform. it is a two bracket code. >> yeah. melissa: the lower bound bracket is 10%. the language is a little fuzzier about the top individual rate but something like 25%. how reasonable do you think it is that something like this wouldappen and what would be the end result? >> well, i think it is very reasonable, and i think we have hopefully bipartisan come rod dry around this and ernest around this. you know what? it is revenue neutral. we're not asking to take less money from people or more money. we're asking to simplify the code. most of us can't even fill out a tax return now without having professional help or at least turbotax to get us through it. it doesn't have to be that. it shouldn't have to be that way. if we do revenue neutral way. by that taking no more than 19 or so percent of gdp more than enough to run any government, especially this federal government. we're hoping to get some bipartisan support around that. melissa: there is talk about what draconian cuts this budget represents. at the same time we're only
melissa: part of your plan calls for tax reform. it is a two bracket code. >> yeah. melissa: the lower bound bracket is 10%. the language is a little fuzzier about the top individual rate but something like 25%. how reasonable do you think it is that something like this wouldappen and what would be the end result? >> well, i think it is very reasonable, and i think we have hopefully bipartisan come rod dry around this and ernest around this. you know what? it is revenue neutral....
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Mar 20, 2013
03/13
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instead of raising taxes the house republican plan includes pro-growth, comprehensive tax reform, tax reform is critical to increasing u.s. competitiveness abroad as well as attracting business here at home. it will close loopholes and special interest deductions and credits for personal and corporate income taxes and lower the rates for everyone. i am pleased house republicans are the only people in this town with the courage to balance the budget. it's time to return the economy to an engine of growth and job creation and increased opportunities for all hardworking americans. this is what the house republican budget will achieve and this is what americans deserve. i yield back. the chair: the gentlelady yields back the balance of her time. the gentleman from maryland. mr. van hollen: thank you, mr. chairman. the way to save medicare is to bring down costs overall in the health care system, not give seniors a voucher that puts all the risk on the senior which is what the republican approach does. i now yield one minute to the gentleman from california, the distinguished ranking membe
instead of raising taxes the house republican plan includes pro-growth, comprehensive tax reform, tax reform is critical to increasing u.s. competitiveness abroad as well as attracting business here at home. it will close loopholes and special interest deductions and credits for personal and corporate income taxes and lower the rates for everyone. i am pleased house republicans are the only people in this town with the courage to balance the budget. it's time to return the economy to an engine...
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Mar 16, 2013
03/13
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surprisingly, 16% said we should raise taxes and cut spending. obviously, they did not hear coulter -- ann coulter's speech about what happened last time we agree to spending cuts. he thought we should do targeted cuts and not across the board cuts. you do not want to see defense cuts or military cuts across the board like everything else. now we get to a couple more controversial questions. what do you think the u.s. role should be in the world today. as you can see, half of you think we should take a step back and let our allies around the and for themselves. a little more than 1/3 of us still favor a more muscular where the u.s. helps provide defense for its allies. almost one out of five are on the fence on this issue. this issue is going to play itself out over the next several years inside the party and inside the movement. something that one of the speakers made him so famous on is the use of drones. the federal government using drones. overwhelmingly, you oppose using combat andtarget non- who are u.s. citizens to either kill them or to s
surprisingly, 16% said we should raise taxes and cut spending. obviously, they did not hear coulter -- ann coulter's speech about what happened last time we agree to spending cuts. he thought we should do targeted cuts and not across the board cuts. you do not want to see defense cuts or military cuts across the board like everything else. now we get to a couple more controversial questions. what do you think the u.s. role should be in the world today. as you can see, half of you think we...
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Mar 17, 2013
03/13
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CSPAN2
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governor jeb bush was in office he cut taxes on floridians by $20 billion. let's talk abut the size of government. ronald reagan was in the white house he dramatically reduce the rate of growth in federal spending and strove to reduce the size of the federal government. when governor bush was in office, he vetoed more than $2.3 billion in earmarks for higher state spending and reduce the size of the state government payroll a 13,000. when ronald reagan cut taxes and reduce the side of the government on the national level he did it with a purpose in mind. it was to spur the free market, create opportunity and provide incentives for businesses to grow. in his years in office over 20 million new jobs were created governor bush's state of florida is similar philosophy and economic or grams created a thriving state economy for 1.4 million new net jobs were added during his time in office. there are other fundamental report issues where the two men match. suspending the rising cost of health care improving education through accountability and school choice and as
governor jeb bush was in office he cut taxes on floridians by $20 billion. let's talk abut the size of government. ronald reagan was in the white house he dramatically reduce the rate of growth in federal spending and strove to reduce the size of the federal government. when governor bush was in office, he vetoed more than $2.3 billion in earmarks for higher state spending and reduce the size of the state government payroll a 13,000. when ronald reagan cut taxes and reduce the side of the...
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Mar 19, 2013
03/13
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CSPAN2
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tax code. but there are other things which cannot even be explained. why in the world would we put in our tax code a provision which says if an american business wants to move jobs overseas, we will give them a tax break to do it? i don't think so. that should be a decision, if they make it, with no encouragement from our tax code. rather, let's encourage businesses to stay in the united states. similarly, senator carl levin of michigan has really made a concerted effort to investigate and expose the offshore tax havens that cost us over $300 billion a year in taxes owed to the united states, people that park their money in far-away places with strange-sounding names end up escaping tax liability. why do we let that happen? the average family across america, the average business across america can't escape and doesn't even try to escape its liability. yet, we built into the tax codes these cayman island little fiascoes in bermuda and all the places they head to. we could put an end to that in a
tax code. but there are other things which cannot even be explained. why in the world would we put in our tax code a provision which says if an american business wants to move jobs overseas, we will give them a tax break to do it? i don't think so. that should be a decision, if they make it, with no encouragement from our tax code. rather, let's encourage businesses to stay in the united states. similarly, senator carl levin of michigan has really made a concerted effort to investigate and...
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Mar 15, 2013
03/13
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. >>> the irs says it has $917 million in unclaimed tax refunds from 2009, that are about to expire. the money is owed to about 1 million people who have until april 15th to file a return. >>> and chelsea clinton and her husband are about to move into a new home. the posh manhattan pad in north of madison square park is 5,000 square feet. 4 bedrooms and 6 1/2 baths. that's a palace in new york city. and it's all for a cool 10.5 million bucks. >>> bill clinton hits the scene. >>> and college hoops prepare for march madness. for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with children's motrin. i'm here in your home, having a pretty spectacular tuesday. ♪ but i don't notice the loose rug at the top of your stairs. and that's about to become an issue for me. ♪ and if you got the wrong home insurance coverage, my medical bills could get expensive. so get allstate. [ dennis ] good hands. good home. make sure you have the right
. >>> the irs says it has $917 million in unclaimed tax refunds from 2009, that are about to expire. the money is owed to about 1 million people who have until april 15th to file a return. >>> and chelsea clinton and her husband are about to move into a new home. the posh manhattan pad in north of madison square park is 5,000 square feet. 4 bedrooms and 6 1/2 baths. that's a palace in new york city. and it's all for a cool 10.5 million bucks. >>> bill clinton hits the...
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Mar 18, 2013
03/13
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CSPAN
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we propose reforming the tax code. we propose ending special tax breaks and closing tax loopholes like the mortgage deduction for vacation homes and yachts, eliminating the deduction for derivative traders and eliminating incentives for sending american jobs overseas. we propose taxing capital gains and dividends as ordinary income, raising about $900 billion over 10 years. these changes, mr. speaker, would generate much-needed revenue. the country has begun to recover. we see it every day in the news and we're moving in the right direction. we are beginning to recover from near financial ruin. but our recovery is fragile and desperately needs a shot in the arm to accelerate our economic recovery. instead the republican-controlled house voted -- thought it best to poison the economy and throw away the antidote. according to leading economists, once sequestration is full yimplemented, america is going -- -- fully implemented, americans are going to lose $2.-- 2.14 million jobs. those are two million jobs that exist now
we propose reforming the tax code. we propose ending special tax breaks and closing tax loopholes like the mortgage deduction for vacation homes and yachts, eliminating the deduction for derivative traders and eliminating incentives for sending american jobs overseas. we propose taxing capital gains and dividends as ordinary income, raising about $900 billion over 10 years. these changes, mr. speaker, would generate much-needed revenue. the country has begun to recover. we see it every day in...
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Mar 21, 2013
03/13
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we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we eliminate some of the depletion balances. there's no reason we should be giving tax subsidies to these companies. we eliminate benefits for , reduce corporate meals and entertainment. is one thing. the second thing we do is we say, all right, people making over $400,000 now will be haying a tax of three point 96% on their highest income. % on their highest income. institute new tax brackets for millionaires and billionaires. $1 on every one dollar above million. 40 six percent on every one dollar above 20 million dollars. we finally go to a total of 49% for every on
we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we...
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Mar 14, 2013
03/13
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people who are working hard every day, paying payroll tax, gas taxes, but don't make enough income. i want to fight for them. that's what i have been doing for the last four years. if they succeed, i believe the country succeeds. >> president obama used your material to close a debate at a very crucial time, after his first debate was heavily criticized. this was his closing statement. what was going through your mind at this point? >> it was the last line of the debate. i was sitting on the edge of my couch. i watched the first debate, there was no mention of it. a cheer erupted in the room at the time. i was thrilled that he hit him with it when he did. you know, it was well done. >> at this point, had you ever had any contact with the obama campaign? >> no. >> this was all organic? >> yeah. i mean this wasn't -- you know, i voted for president obama, i'm proud to call him my president. i'm independent. i typically vote democrat, but i certainly never had contact of any sort. >> did that validate your instincts of how important this tape was when you saw the president use it? >> i
people who are working hard every day, paying payroll tax, gas taxes, but don't make enough income. i want to fight for them. that's what i have been doing for the last four years. if they succeed, i believe the country succeeds. >> president obama used your material to close a debate at a very crucial time, after his first debate was heavily criticized. this was his closing statement. what was going through your mind at this point? >> it was the last line of the debate. i was...
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Mar 20, 2013
03/13
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it said as part of tax reform don't raise taxes on middle income people to finance your tax breaks for folks at the very top. every republican voted no. so, yes, this plan that the gentleman has brought forward today, apparently under sort of a mock bipartisanship, will reduce the deficit in a balanced way. calls for a shared responsibility. and certainly does not give folks at the very top a tax break financed by middle income taxpayers like the republican proposal does. i reserve the balance of my time. the chair: the gentleman reserves the balance of his time. the gentleman from south carolina. mr. mulvaney: i'd like to yield two minutes to the gentleman from california, mr. campbell. the chair: the gentleman from california is recognized for two minutes. mr. campbell: thank you. i thank the gentleman from south carolina. thank you, mr. chairman. sometimes, mr. chairman, you live in a neighborhood, you look down the street, and there is a neighbor there. and they got new cars and they are remodeling the kitchen and they take a lot of expensive vacations. you look down the street and
it said as part of tax reform don't raise taxes on middle income people to finance your tax breaks for folks at the very top. every republican voted no. so, yes, this plan that the gentleman has brought forward today, apparently under sort of a mock bipartisanship, will reduce the deficit in a balanced way. calls for a shared responsibility. and certainly does not give folks at the very top a tax break financed by middle income taxpayers like the republican proposal does. i reserve the balance...
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Mar 13, 2013
03/13
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CNNW
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. >>> 600,000 people will have to wait an extra six weeks for their tax refund. the irs says some tax refunds that claimed educational credits were filed improperly. the agency isn't saying who is to blame, but h&r block does acknowledge that it encountered errors when filing some returns. h&r block says the problem is now fixed that it's working with the irs to get the refunds out as fast as possible. >>> the long national nightmare is over. twinkies are coming back. >> thank goodness! >> i know, right? they could hit the store shelves by this summer. now we can solve the sequester, everything will get better. this is after a group of private equity firms agreed to buy bankrupt hostess for $410 million. hostess has not been making any new twinkies since november, when the company filed the liquidated business after a bakers union strike. >> now i can stop thwarting my twinkies. i didn't grow up on sweets, but i love twinkies. >>> 25 minutes after the hour. ahead on "early start," we're keeping an eye on vatican city for any possible word of a new pope. >>> plus,
. >>> 600,000 people will have to wait an extra six weeks for their tax refund. the irs says some tax refunds that claimed educational credits were filed improperly. the agency isn't saying who is to blame, but h&r block does acknowledge that it encountered errors when filing some returns. h&r block says the problem is now fixed that it's working with the irs to get the refunds out as fast as possible. >>> the long national nightmare is over. twinkies are coming back....
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Mar 14, 2013
03/13
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we know about tax policy. we need to have a pro-growth tax structure, not one that takes from some and gives to others. and last but not least, we believe in solving our debt problem, because it's hurting job creation. jobs are not being created in america. there are jobs that are not being created in this country because we have a $16.5 trillion debt and it's only scheduled to get bigger. that problem has to be solved and you can only solve it, the only real approach that solves it is the combination of fiscal discipline and rapid economic combrothe. there is no tax increase in the world that will solve our long-term debt problem. the second thing that our government can help us do is help ourselves by acquiring the skills of the 21st century and that's why i think every parent in america should have the opportunity to send their children to the school of their choice. by the way, we should encourage career education. not everyone has to go to a four-year liberal arts college. we still need plumbers. we still
we know about tax policy. we need to have a pro-growth tax structure, not one that takes from some and gives to others. and last but not least, we believe in solving our debt problem, because it's hurting job creation. jobs are not being created in america. there are jobs that are not being created in this country because we have a $16.5 trillion debt and it's only scheduled to get bigger. that problem has to be solved and you can only solve it, the only real approach that solves it is the...
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Mar 15, 2013
03/13
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. >> property taxes. >> megyn: that is warning people of a potential property tax hike in the coming election. i don't understand exactly what's happening. the teachers don't like that, but why are the teachers objecting to notifications of property taxes going up. >> they don't want the voters to notice if they've signed up, they voted for a property tax hike and the property taxes are the basis. >> megyn: and they're going to go and vote on various measures that affect them and the one on i raising property taxes is now highlighted on red ink on the outside of the voter envelope. >> and saying we've got more taxes coming at you. >> megyn: and the teachers union says let that go? >> no, let the voters blythely go on and meander through the ballot and the last thing they want is for taxpayers to know that he or she is going to be paying higher taxes in an educational system that isn't too shiny, if i can use the expression. it's pitiful what's happening. >> megyn: because those property taxes will go help fund the teachers salaries and they don't want anybody-- they don't want it to
. >> property taxes. >> megyn: that is warning people of a potential property tax hike in the coming election. i don't understand exactly what's happening. the teachers don't like that, but why are the teachers objecting to notifications of property taxes going up. >> they don't want the voters to notice if they've signed up, they voted for a property tax hike and the property taxes are the basis. >> megyn: and they're going to go and vote on various measures that affect...
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Mar 19, 2013
03/13
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haven't raised that tax in 20 years. so if we just indexed it to construction cost inflation, and indexed it to the economy, we could issue bonds, pay it off by that increment on the gas tax. it would be about a penny a year a gallon. i was driving to work one day they were changing the cards up there. they were raising it a nickel a gallon as i drove by. a penny a gallon. i think most americans would be willing to pay for that if they knew it was going to save 3.5 -- or create 3.5 million jobs and put this country back on track and get rid of some of the delays and congestion and detours and all the other problems we have. so let's pay attention to this scorecard. to this report card. if your kid came home with a card like this you'd do something about it. congress better do something about it. the speaker pro tempore: the chair recognizes the gentleman from texas, mr. poe, for five minutes. it was mr. speaker, june, 1950, when the north koreans decided they would invade their neighbors to the south, south korea. the wa
haven't raised that tax in 20 years. so if we just indexed it to construction cost inflation, and indexed it to the economy, we could issue bonds, pay it off by that increment on the gas tax. it would be about a penny a year a gallon. i was driving to work one day they were changing the cards up there. they were raising it a nickel a gallon as i drove by. a penny a gallon. i think most americans would be willing to pay for that if they knew it was going to save 3.5 -- or create 3.5 million jobs...
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Mar 16, 2013
03/13
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new jersey republican chris christie was no federal government tax and spend liberal but when hurricane sandy devastated his and other states he became one of the most vocal advocate for the government to spend billions of dollars immediately to help out his and other states. for his republican governor rick scott, who spent years and millions of dollars of his own money fighting obama care tooth and nail now says he supports that law's expansion of medicaid in his state. the governor said his change of heart came when his own elderly mother died last year. empathy, especially in elected officials, is a good thing. but there is also something frustratingly blinkered and limited about this form of persuasion. if it's going to take every anti-gay politician having a gay son for gay people to be treated like other human beings in this country then equal rights are going to take longer to achieve than they should. that's why this is still necessary. in order for change to happen. things that turn those moments of personal empathy into civil rights advancements. that's the work of activists.
new jersey republican chris christie was no federal government tax and spend liberal but when hurricane sandy devastated his and other states he became one of the most vocal advocate for the government to spend billions of dollars immediately to help out his and other states. for his republican governor rick scott, who spent years and millions of dollars of his own money fighting obama care tooth and nail now says he supports that law's expansion of medicaid in his state. the governor said his...
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Mar 18, 2013
03/13
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there would be a 3% tax for deposits under $100 thousand euros, and a 10% tax and 15% tax for amounts larger than 500,000 euros, country central bank declaring a holiday until thursday, when they vote on the plan, this is sparking investor fears at home, joining me now lance roberts, host of street talk live, and xena. partner and cfa, welcome all, great to have you here, lance, i'll start with you, i have to assume some wealthy individuals are having questions about safety of their money, have you gotten any calls, are you expecting any? >> i'm not expecting any but i would not be surprised to see people talk more about this in next few days it is very late tonight anyway it looks like they will preserve the under $100 thousand mark and go after larger deposits, but the question, here in u.s., could it happen here? probably not. but the question is, ha hasn't t already happen with standpoint feds suppressing interest rates, that is the rate less than inflation, negative interest rate it has already happened here. gerri: let's go to xena for a second, a lot of people out there think t
there would be a 3% tax for deposits under $100 thousand euros, and a 10% tax and 15% tax for amounts larger than 500,000 euros, country central bank declaring a holiday until thursday, when they vote on the plan, this is sparking investor fears at home, joining me now lance roberts, host of street talk live, and xena. partner and cfa, welcome all, great to have you here, lance, i'll start with you, i have to assume some wealthy individuals are having questions about safety of their money, have...
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Mar 16, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ male announcer ] we all have something neatly tucked away in the back of our mind. a secret hope. that thing we've always wanted to do. it's not about having dreams, it's about reaching them. ♪ an ally for real possibilities. aarp. find tools and direction at aarp.org/possibilities. >>> welcome back to "the ed show." joining me now live in studio, scott prouty. scott, good to have you with us. been fun to get to know you. >> thank you. >> you're a unique man and a guy with a lot of guts. >> thank you. >> what's your future? >> i don't know. we will see how it goes. i think i will work with charlie a little more closely. i had the pleasure of meeting leo gira are rd, the president o
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ male announcer ] we all have something neatly tucked away in the back of our mind. a secret hope. that thing we've always wanted to do. it's not about having...
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Mar 16, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola. droid-endurance. droid-powerful. >> rick: 33 minutes after the hour. here are your top headlines. rand paul taking the top spot in the cpac presidential straw poll. florida senator marco rubio coming in a close second. the conference features -- it's just wrapping up. >> arthel: now reports that north korea test fired a pair of short-range missiles. that's according to south korean military officials. the launch comes during u.s. and south korean joint military exercises. >> rick: defense secretary chuck hagel opening a new
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola....
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Mar 13, 2013
03/13
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we cannot tax our way out of this debt. there is no tax increase that gets us out of this debt. and to my own party, i say while we always have to have fiscal discipline, you can't cut your way out of this debt either. the only real solution to our debt problem -- and the debt matters because it's killing jobs in america -- the only real solution to our debt problems is a combination of two things. rapid, robust economic growth. if we could grow our economy at 4% a year, we could generate $3 trillion for debt reduction over the next decade. and we could create millions of jobs and pull people out of poverty and strengthen our middle class, which is the source of our exceptionalism as a country. and the second thing we need is fiscal discipline on future spending. this bill violates both. this bill violates both. it hurts economic growth because the only way you're going to grow your economy is if you make america a better place to create jobs and start businesses. that's how economic growth is created. when someone takes money they have or money they've borrowed or money somebod
we cannot tax our way out of this debt. there is no tax increase that gets us out of this debt. and to my own party, i say while we always have to have fiscal discipline, you can't cut your way out of this debt either. the only real solution to our debt problem -- and the debt matters because it's killing jobs in america -- the only real solution to our debt problems is a combination of two things. rapid, robust economic growth. if we could grow our economy at 4% a year, we could generate $3...
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Mar 19, 2013
03/13
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CURRENT
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. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. dude, i need your help fast. well, clearasil's fast. yeah, but is it this fast? faster! how about this fast? clearasil's faster! this fast?? faster!! woh! that is fast! fix breakouts fast with clearasil ultra. it starts working instantly, sending the max amount of medicine allowed deep into your pores for visibly clearer skin in as little as 12 hours. yeah, it's fast. clearasil, the science of clear skin. to hidden fees. thankfully e-trade has low cost investments and no hidden fees. but, you know, if you're still bent on blowing this fat stack of cash there's a couple of ways you could do it. ♪ ♪ ♪ ♪ or just go to e-trade and save it. boom. ♪ ♪ the natural energy of peanuts and delicious, soft caramel. to fil
. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. dude, i need your help fast. well, clearasil's fast. yeah, but...
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Mar 18, 2013
03/13
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we lowered the overall taxes for the first time in years. taxes on homes have gone down in each of the last two years. [applause] but when it comes to jobs under my predecessors terms wisconsin lost 300,000 jobs and just 10% of our employers were headed in the right direction. today we're gaining jobs and 93% of the employers says that wisconsin is heading in the right direction. we can leave with an optimistic message. simply put in we showed in our election who do you want in charge, the big government or do you want the hard working taxpayers, the hard working taxpayers win out and they will win out over and over again. in america, we need to show an optimistic message that we're not standing with the big businesses of america, we're standing with the hard-working taxpayers and this is the message that can resonate throughout this country. [applause] now, in addition to being optimistic we need to be relevent. what do i mean by that? in politics we talk in words like sequesters and fiscal cliffs. people in wisconsin, they talk to me about
we lowered the overall taxes for the first time in years. taxes on homes have gone down in each of the last two years. [applause] but when it comes to jobs under my predecessors terms wisconsin lost 300,000 jobs and just 10% of our employers were headed in the right direction. today we're gaining jobs and 93% of the employers says that wisconsin is heading in the right direction. we can leave with an optimistic message. simply put in we showed in our election who do you want in charge, the big...
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Mar 13, 2013
03/13
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CNBC
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everyone was fretting about higher income taxes for the rich and higher payroll taxes for everybody and not to mention the sequester. is that supposed to be hurting the economy big? at the moment there's a much more important metric to follow and i've been on this concept in mad money and that's household wealth. right now the price of the homes, is rising just about everywhere. almost 90 million people in the country own stocks and the stock market's on fire. they no question that on average the consumer is feeling wealthy. when brian interviewed him today and he's the home depot ceo, he said the same thing, why don't we listen to him, but there's wealth and then there's wealth. i reference the stock that leo tolstoy, and i'm a firm believer in some of the writings of f. scott fitzgerald that the rich are different from you and me, with, in this case, me. i want to get a read on how the rich are feeling. not that i care about their feelings, if they aren't happy, it's their own darn fault and they have a lot of money and there's's whole tier devoted to selling things to the wealthy or
everyone was fretting about higher income taxes for the rich and higher payroll taxes for everybody and not to mention the sequester. is that supposed to be hurting the economy big? at the moment there's a much more important metric to follow and i've been on this concept in mad money and that's household wealth. right now the price of the homes, is rising just about everywhere. almost 90 million people in the country own stocks and the stock market's on fire. they no question that on average...
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Mar 13, 2013
03/13
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CSPAN2
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of reforming the tax -- for the purpose of reforming the tax code, bringing down marginal tax rates for businesses and individuals, he wants to raise taxes again. there is a bipartisan consensus, however, that tax reform should lower the rates and broaden the base. indeed, those were the recommendations of the simpson-bowles commission and the dim-rivlin panel as well. but as i said, the president wants to use what he calls tax reform as a trojan horse to raise taxes again. he argues that we won't have a balanced approach to deficit reduction unless we pass another massive tax hike, and that's after the president raised taxes by $600 billion in january muc. from what i understand, our friends across the aisle, senator murray as the chairman of the senate budget committee, are about to unjail a budget proposal -- unveil a budget proposal that would raise taxes again by at least $1 trillion. now, i realize if you think that government is the answer to almost every question that comes up with america today, that you're going to need bigger government, more intrusive government funded b
of reforming the tax -- for the purpose of reforming the tax code, bringing down marginal tax rates for businesses and individuals, he wants to raise taxes again. there is a bipartisan consensus, however, that tax reform should lower the rates and broaden the base. indeed, those were the recommendations of the simpson-bowles commission and the dim-rivlin panel as well. but as i said, the president wants to use what he calls tax reform as a trojan horse to raise taxes again. he argues that we...
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Mar 21, 2013
03/13
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FBC
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for school superintendents funded by your taxes. a fox investigation finds school superintendents are not just among the highest paid government workers in the country, but they increasingly get six figure pay and half million range, and it's ten times what teachers get. we found in a dozen states, school school superintendents paid more than what gvernors are paid to run the state including new york, new jersey, california, ohio, illinois, and washington state. we also found that four out of ten new york school superintendents get 200,000 annually, more than the pay for the governor quo moe and more than the average of 162,000. two school superintendents in new york made half a million bucks overseeing seven schools each. the governor joked about that. you know, i'd apply for that job, and now, gerri, there's little oversight of school superintendents' pay, and they are calling themselves ceos. in fact, shools now routinely use corporate pay models for school superintendents' pay getting free cars, free cell phones, money for colle
for school superintendents funded by your taxes. a fox investigation finds school superintendents are not just among the highest paid government workers in the country, but they increasingly get six figure pay and half million range, and it's ten times what teachers get. we found in a dozen states, school school superintendents paid more than what gvernors are paid to run the state including new york, new jersey, california, ohio, illinois, and washington state. we also found that four out of...
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Mar 20, 2013
03/13
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taxes every year. nearly 30 million middle income americans would lose their health insurance because of the repeal of the affordable care act and tens of millions of the would lose coverage because of ryan's plan to gut medicaid. we can do better. it would destroy the commitment we made to our nation's seniors, by turning medicare into a voucher program. it would shift the rising cost of health care onto those very american who was already suffered deep financial shocks in the recent fiscal crisis. many of them have lost their homes, lost their health insurance, lost their jobs, lost equity in their homes, lost their savings, and yet we want the ryan -- and yet the ryan budget would break another promise to them. in a profoundly cynical mood the ryan budget would revoke those provisions of the affordable care act that would expand access to care while keeping in place the revenue generated by the act. the ryan budget also guts investments in science. job tructure and all the growth as well as the futu
taxes every year. nearly 30 million middle income americans would lose their health insurance because of the repeal of the affordable care act and tens of millions of the would lose coverage because of ryan's plan to gut medicaid. we can do better. it would destroy the commitment we made to our nation's seniors, by turning medicare into a voucher program. it would shift the rising cost of health care onto those very american who was already suffered deep financial shocks in the recent fiscal...
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Mar 17, 2013
03/13
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if you come talk about raising taxes, you are raising taxes on everybody and you better have a week -- a good reason. it really matters about everybody. that is what is fair. [applause] briefly, i do not have time to go into it, but health care, 1/6 of our economy. if the government can control that, they can control just about everything. we need to understand what is going on. there are much more economic models that can be used to give as good health care than what we have now. we were asleep at the wheel to let it happen. we have to find a way to make it work. if we have to work within the frameworks of the affordable health care act, fine. if we can find a way to fund it, fine. 80% of the encounters between a patient and a health-care provider could easily be handled by a health savings accounts. [applause] 80% of the encounters with of the need to insinuates a third party or a bureaucracy that sucks out 1/3 of the money. we can use bridge insurance and catastrophic insurance. some of them, i do not want to call them morons, but they are similar to that. read the book. obviously,
if you come talk about raising taxes, you are raising taxes on everybody and you better have a week -- a good reason. it really matters about everybody. that is what is fair. [applause] briefly, i do not have time to go into it, but health care, 1/6 of our economy. if the government can control that, they can control just about everything. we need to understand what is going on. there are much more economic models that can be used to give as good health care than what we have now. we were...
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Mar 14, 2013
03/13
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FOXNEWSW
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so, he's redefining tax reform not the traditional word of tax reform, meaning you lower rates and use that to close loopholes to lower rates. he wants to use it to say, well, we're going to close loopholes to pay for more spending. >> congressman tom price and why no budget. what was his explanation, why he has no budget. the senate has a budget and the house has a budget. >> again, he had a very difficult time answering that question. >> what did he say? >> i mean, it was like, look, you've listened to him. he's got no substantive answer when tom price-- >> what did he say, i'm too busy or they're working on it? >> look, it's going to come and avoiding eye contact, a couple of weeks. well, it's late already and he was challenged in the meeting, are you presenting this late on a rope-a-dope effort after we passed the budget that paul ryan is leading us on? it's all of those sorts of things and here this was a big attempt to try and bring people together. i thought, look, our members respect the presidency and we're respectful of him in that opportunity, but he didn't follow through on
so, he's redefining tax reform not the traditional word of tax reform, meaning you lower rates and use that to close loopholes to lower rates. he wants to use it to say, well, we're going to close loopholes to pay for more spending. >> congressman tom price and why no budget. what was his explanation, why he has no budget. the senate has a budget and the house has a budget. >> again, he had a very difficult time answering that question. >> what did he say? >> i mean, it...
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Mar 15, 2013
03/13
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in the tax code. ms. murray provides few details, however. the real tax increase is closer to $1.5 trillion, but because the budget owe mitts $480 billion in unspecified taxes to replace sequestration and $100 billion to offset the cost of new stimulus. new stimulus. spending, mr. speaker is the problem. the house budget puts us on a track to in the just a balanced budget within 10 years but paying back every penny of debt that we borrow from americans and the world. and the senate budget has yet to pass committee, remains to be seen if they pass it in the senate, but the proposal is to increase spending and increase taxes. we're not up here bickering about what -- how to name a post office, mr. speaker, or whether or not we ought to meet on tuesdays or thursdays or fridays. we're up here arguing about whether the future of the republic, whether opportunity for our children and grandchildren lies in a future where we have paid back all of your debts or lies in a future where you allow those debts to r
in the tax code. ms. murray provides few details, however. the real tax increase is closer to $1.5 trillion, but because the budget owe mitts $480 billion in unspecified taxes to replace sequestration and $100 billion to offset the cost of new stimulus. new stimulus. spending, mr. speaker is the problem. the house budget puts us on a track to in the just a balanced budget within 10 years but paying back every penny of debt that we borrow from americans and the world. and the senate budget has...
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Mar 20, 2013
03/13
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CSPAN2
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under this government the tax rates are more competitive and the wealthy pay more tax. that's the right way around. here is an inconvenient truth for the other side. in every year of this parliament, the rich will pay a greater proportion of income tax revenue than any one of the thirty years of the last labour government. and during those years, too many people were allowed to get away with aggressive tax avoidance of abuse, they bogsed they were paying less tax and the member opposite applauded them for it. we stopped that. that's what i call fair. today i'm unveiling one of the largest ever package of avoidance measures presented in a budget, details set out including agreemented with isle to bring in over a billion pounds of unpaid taxes. new rules to stop abuse of corporate tax, and offshore employment. that's another 2 billion pounds. this year we're giving britain the first ever generally abuse rule and we will name and shame promoters of tax avoidance scheme. my message to make a living telling others to avoid the taxes, this government is not going let you get
under this government the tax rates are more competitive and the wealthy pay more tax. that's the right way around. here is an inconvenient truth for the other side. in every year of this parliament, the rich will pay a greater proportion of income tax revenue than any one of the thirty years of the last labour government. and during those years, too many people were allowed to get away with aggressive tax avoidance of abuse, they bogsed they were paying less tax and the member opposite...
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Mar 18, 2013
03/13
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a tax on money already in the bank. that prompt immediate backlash. [chanting] protesters making known their opinions outside othe parliament building. the major stock market indices in europe all fell about half a percent. the dow dropped more than 100 points at the opening bell today it actually recovered at midday. briefly entered positive territory before pulling back at the end. at the closing bell the dow was down 62. the nasdaq 11, the s&p 9. late in the day, the u.s. treasury a second jack lou said he is closely monitoring the situation in cypress. and is speaking with his european counterparts. gerri willis from the fox business network is also following this from her studios tonight. what is the situation in cypress now. parliament is going to vote tomorrow on what they're going to do. they have heard outrage from all over the world. people are angry not just in cypress but other parts of the eu and really all over the planet. the idea that they are probably going to follow although the vote is really too close to call right now, finance min
a tax on money already in the bank. that prompt immediate backlash. [chanting] protesters making known their opinions outside othe parliament building. the major stock market indices in europe all fell about half a percent. the dow dropped more than 100 points at the opening bell today it actually recovered at midday. briefly entered positive territory before pulling back at the end. at the closing bell the dow was down 62. the nasdaq 11, the s&p 9. late in the day, the u.s. treasury a...
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Mar 13, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> the actress gwenneth pagaigw has a new cookbook "it's all good" is the name and her family, including her 8-year-old daughter apple and 6-year-old son moses don't eat pasta, bread, rice, other carbs. everyone in her house is gluten and dairy intolerant. we sometimes don't eat pasta, bread, white rice, we are left with a specific hunger that comes with avoiding carbs. i didn't realize they were all gluten inly to rent. >> but her name is apple, and she can't eat fruit? >> that's an interesting connection. >> is that a realistic way to live? how long can you keep that up? >> you don't eat all of this all the time. >> cutting out pasta bread, rice. some of those things very processed.
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> the actress gwenneth pagaigw has a new cookbook "it's all good" is the name and her family, including her 8-year-old daughter apple and...